Ningbo Solartron Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 1.13%

Ningbo Solartron Technology Co Ltd (688299) has an Asset Resilience Ratio of 1.13% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See working capital to net assets of Ningbo Solartron Technology Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥40.00 Million

≈ $5.85 Million USD Cash + Short-term Investments

Total Assets

CN¥3.54 Billion

≈ $517.65 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Ningbo Solartron Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 688299 total asset value.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Solartron Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read total liabilities of Ningbo Solartron Technology Co Ltd for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥40.00 Million	1.13%
Total Liquid Assets	CN¥40.00 Million	1.13%

Asset Resilience Insights

Limited Liquidity: Ningbo Solartron Technology Co Ltd maintains only 1.13% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

Ningbo Solartron Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo Solartron Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Grace Fabric Technology Co Ltd SHG:603256	Specialty Chemicals	1.23%
China Minmetals Rare Earth Co Ltd SHE:000831	Specialty Chemicals	0.91%
Zibo Qixiang Tengda Chemical Co Ltd SHE:002408	Specialty Chemicals	0.07%
Shandong Dawn Polymer Co Ltd SHE:002838	Specialty Chemicals	0.00%
Ningxia Xinri Hengli Steel Wire Rope Co Ltd SHG:600165	Specialty Chemicals	3.82%
Xiamen Yanjan New Material Co Ltd SHE:300658	Specialty Chemicals	5.55%
Guangdong Delian Group Co Ltd SHE:002666	Specialty Chemicals	2.71%
Ningbo Color Master Batch Co. Ltd. SHE:301019	Specialty Chemicals	15.04%

Annual Asset Resilience Ratio for Ningbo Solartron Technology Co Ltd (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Ningbo Solartron Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	1.20%	CN¥40.00 Million ≈ $5.85 Million	CN¥3.34 Billion ≈ $488.30 Million	-0.65pp
2022-12-31	1.85%	CN¥50.00 Million ≈ $7.32 Million	CN¥2.70 Billion ≈ $395.29 Million	-6.21pp
2021-12-31	8.06%	CN¥200.36 Million ≈ $29.32 Million	CN¥2.49 Billion ≈ $363.85 Million	-10.28pp
2020-12-31	18.33%	CN¥400.00 Million ≈ $58.53 Million	CN¥2.18 Billion ≈ $319.27 Million	-11.10pp
2019-12-31	29.43%	CN¥605.00 Million ≈ $88.53 Million	CN¥2.06 Billion ≈ $300.79 Million	--

pp = percentage points

About Ningbo Solartron Technology Co Ltd

SHG:688299 China Specialty Chemicals

Market Cap

$580.77 Million

CN¥3.97 Billion CNY

Market Cap Rank

#11648 Global

#3346 in China

Share Price

CN¥13.81

Change (1 day)

+0.80%

52-Week Range

CN¥11.25 - CN¥23.37

All Time High

CN¥38.83